Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Chip Perry & Dom Pope of sellmyride
Friday, Sep. 26, 2025, 03:08 PM
Chip Perry, founding president and CEO of Autotrader and former CEO of TrueCar, has a new role: chairman of sellmyride, a startup seeking to help dealers source inventory from private sellers. Perry and sellmyride founder and president Dom Pope join ... Listen Here
A Look Back at Last Two Decades of the Used-Car Industry in Canada
Thursday, Sep. 18, 2025, 02:32 PM
In the grand finale of our podcast episodes from Canada’s Used Car Week in June, conference chair and Cherokee Media Group president Bill Zadeits is joined by Brad Hart and Peter Snoyer on a panel celebrating 20th anniversary of the ... Listen Here
SPONSORED EPISODE: AI & Big Data Deliver Significant Improvements to Inventory Management
Thursday, Sep. 11, 2025, 04:33 PM
In this sponsored episode of the Auto Remarketing Podcast, Merritt Critcher, Director of Product Management with CDK speaks with Bill Zadeits about the newest trends and potential for AI and big data to meet and exceed the inventory management needs ... Listen Here

Free RouteOne Webinar to Discuss Scrutiny of F&I Products

training
Monday, Jul. 21, 2014, 03:51 PM
SubPrime Auto Finance News Staff
RouteOne plans to discuss the forthcoming scrutiny of F&I products by the Consumer Financial Protection Bureau and the Federal Trade Commission during a complimentary webinar later this week. During the webinar titled “CFPB and FTC Update: All About Add-Ons,” RouteOne ... [Read More]

Finance Roundup: Dividend and Warehouse Facility Update

money 1
Monday, Jul. 21, 2014, 03:47 PM
SubPrime Auto Finance News Staff
Ally Financial and Credit Acceptance Corp. recently announced a couple of updates pertaining to their financial statements. First from Ally, the company declared quarterly dividend payments for certain outstanding preferred stock. Each of these dividends were declared by the board ... [Read More]

KeyBanc Survey: F&I Grosses Help to Make Up for Used Struggles

graph concept 2
Monday, Jul. 21, 2014, 03:45 PM
SubPrime Auto Finance News Staff
The June dealer survey by KeyBanc Capital Markets showed stores utilized growth in F&I gross profit per unit during the second quarter to overcome mixed results in gross profit per used vehicle sold. KeyBanc reported that 57 percent of respondents ... [Read More]

Westlake Closes $320M ABS Offer

money 4
Friday, Jul. 18, 2014, 03:37 PM
SubPrime Auto Finance News Staff
Westlake Financial Services announced this week that it closed its fifth term asset backed securitization (ABS) on May 28 in a bond offering increased from $275 million to $321 million due to significant investor demand.  The company highlighted five classes ... [Read More]

Dealertrack’s Henrick to Give Update on FTC Actions in Free Webinar

gavel 2
Friday, Jul. 18, 2014, 03:36 PM
SubPrime Auto Finance News Staff
During a free webinar set for Thursday, Dealertrack Technologies associate general counsel Randy Henrick plans to revisit a topic he’s often discussed with SubPrime Auto Finance News. Henrick will explain why he believes the Federal Trade Commission is intensifying its ... [Read More]

CFPB Wants More Consumer Complaint Info Out in Public

survey 1
Friday, Jul. 18, 2014, 03:34 PM
SubPrime Auto Finance News
Back in March, Consumer Financial Protection Bureau director Richard Cordray referred to complaints as the agency’s “compass,” because these consumer statements “make a difference by informing our work and helping us identify and prioritize problems for potential action.” If policy ... [Read More]

Nicholas Financial Broadens South Florida Footprint

news
Wednesday, Jul. 16, 2014, 03:04 PM
SubPrime Auto Finance News
Nicholas Financial opened its sixth branch location in the south Florida area this week. The indirect special finance company that originates subprime loans with more than 1,600 dealers now has a branch location in Miami Lakes, Fla. The Nicholas Financial ... [Read More]

AFS Acceptance Hires Former Westlake Exec

hands shaking 1
Wednesday, Jul. 16, 2014, 03:02 PM
SubPrime Auto Finance News Staff
This week, AFS Acceptance hired a new vice president of risk management to oversee all aspects of portfolio management and play a key role in the originations and collections strategy for the company. Tapped for the role is former Westlake ... [Read More]

KBB Financing Survey Uncovers Opportunity to Educate Buyers

couple driving 1
Wednesday, Jul. 16, 2014, 03:00 PM
Nick Zulovich, Editor
Kelley Blue Book’s Consumer Sentiment Survey from the first quarter showed 33 percent of study participants didn’t expect to finance a vehicle purchase, and another 30 percent weren’t sure. Rather than thinking finance companies are going to fight over just ... [Read More]

CFPB Clarifies Position on Same-Sex Married Couples

Wedding-rings for SPN story
Monday, Jul. 14, 2014, 03:30 PM
SubPrime Auto Finance News Staff
The Consumer Financial Protection Bureau recently clarified its regulatory position to ensure the agency is aligned with last year’s Supreme Court decision regarding same-sex marriages. The bureau recapped the court struck down Section 3 of the Defense of Marriage Act ... [Read More]
X